http://www.therivardreport.com/westo...nancials-city/
from The Rivard Report August 10th..
Amid a week of headlines at City Hall that included withdrawing funding of the streetcar project to City Council and getting a first look at the 2015 Proposed Capital and Operating Budget, the year’s biggest proposed development project took a second step toward becoming reality.
Weston Urban CEO Randy Smith delivered a detailed financial project proposal within the city’s 45-day deadline period for a major western downtown development on Friday.
The Weston Urban proposal includes development of a Class A downtown tower and 732-space parking garage that would become the new corporate headquarters of Frost Bank. The bank’s current 22-story office tower would become home to City employees now working in five leased office spaces. The multi-block project will include at least 300 new residential units, restaurants, coffee shops, and other retail venues and street-level improvements.